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What happened to Carlos?

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Old Jul 15, 2009 | 09:42 AM
  #31  
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so you're fighting with schools over financial aid

yet working on buying investment property up to 120k?

it's called priorities, learn what they are ... if you are having problems with the financial aspect of school then buying property isnt exactly a good idea.
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Old Jul 15, 2009 | 09:46 AM
  #32  
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He's trying to get more money via loans, and get some property while it's cheap. Why should he put extra strain on his heart by not taking advantage of things while he can, so he can concentrate on Grad School, while investing deeper into his future? He'll be spending a lot of time interning, so he needs all the money he can get his hands on.
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Old Jul 15, 2009 | 09:52 AM
  #33  
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Financial aid is there for people who need it, not those who want it.
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Old Jul 15, 2009 | 09:57 AM
  #34  
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Originally Posted by dubcac
Financial aid is there for people who need it, not those who want it.
Financial aid in the form of Grants, yes. I think that would be boinking the system. Loans have to be paid back, so I don't see any milking.
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Old Jul 15, 2009 | 10:04 AM
  #35  
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Originally Posted by Chefboiali
He's trying to get more money via loans, and get some property while it's cheap. Why should he put extra strain on his heart by not taking advantage of things while he can, so he can concentrate on Grad School, while investing deeper into his future? He'll be spending a lot of time interning, so he needs all the money he can get his hands on.
Originally Posted by dubcac
Financial aid is there for people who need it, not those who want it.
werd

plus it's just a bad idea man

if you need loans for school then buying property, regardless of whether you're approved or not and regardless of current market conditions, is a bad idea.

school first, then worry about these 'investment' properties. it's not like a school loan where you can defer the payments. you buy something you gonna start payin for it within the next 30 days and for the next 10 years at least.

it sounds like he NEEDS these school loans to go thats why i say it. i mean think about it ... oh i wanna go to school here but i need all these loans they are fighting me about but at the same time i'm gonna go commit to 100k to buy some property? thats kinda silly. pay for school first
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Old Jul 15, 2009 | 10:04 AM
  #36  
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Sorry Chef, gonna have to agree to disagree on this one.
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Old Jul 15, 2009 | 10:08 AM
  #37  
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I hear you both loud and clear, and I think you're both right.

BUT....No one knows how much money Carlos and his family has. Would Carlos be in-charge of the property? There are so many factors we just don't know. I think you guys are assuming the worst, but at the same time, you wouldn't be his e-homies if you didn't.

o:
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Old Jul 15, 2009 | 11:59 AM
  #38  
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:hay:
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